Sarasota Industrial Investment

1227 Mango Avenue, Sarasota, FL 34237

  • For Sale $2,800,000
  • Property Type Industrial
  • Units 0
  • Lot Size 24,969 SF
  • Year Built 1992
  • Date Updated Apr 26, 2024
  • HVAC None

Welcome to an unparalleled commercial real estate opportunity in the heart of Sarasota, Florida. This property, boasting two distinct buildings on two adjacent parcels, is a prime investment for savvy buyers seeking a secure and lucrative venture. Building one, spanning 8,310 square feet, and building two, a generous 8,079 square feet, together provide an impressive total of 16,389 square feet of versatile space.

Currently, the entire property is leased to a single tenant with a thriving stone fabrication and custom cabinet business. This tenant, committed to the location, has a lease extending until 2031, ensuring a steady and reliable income stream for the prospective owner. The stability of a long-term lease with a successful business enhances the property's appeal for investors looking for both immediate and sustained returns.

To further sweeten the deal, the owners are demonstrating flexibility in their approach to financing. In addition to traditional options, they are open to providing seller financing or exploring creative financing structures. This willingness to collaborate ensures that potential buyers have multiple avenues to secure this remarkable asset. With a strategic location, strong tenant, and flexible financing options, this property stands as a unique and compelling investment opportunity in Sarasota's competitive real estate market. Don't miss the chance to be a part of this thriving business landscape.

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Reach out to the broker for more info on lease terms and amenities

Contacts

broker

David Kinnard

KW Commercial | Sarasota/Siesta Key

(813) 417-2586

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable
  • Transit Score ®

    32/100 Some Transit
  • Bike Score ®

    65/100 Bikeable
Powered by Walk Score ®
  • City Sarasota, FL
  • Neighborhood 17th Street
  • Zip Code 34237
  • Market Southwest Florida Coast

Points of Interest

  • Speedway

    0.62 miles

  • 7-Eleven

    0.72 miles

  • Shell

    0.76 miles

  • Texaco

    1.08 miles

  • Chevron

    1.21 miles

  • BP

    1.25 miles

  • Sunoco

    1.33 miles

  • Mobil

    1.63 miles

  • Marathon

    1.70 miles

  • Dodge Station

    1.90 miles

  • State Street Parking Garage

    1.31 miles

  • Palm Avenue Parking Garage

    1.47 miles

  • Selby Gardens Parking Lot

    1.72 miles

  • North Parking Garage

    2.10 miles

  • Waldemere Parking Garage

    2.14 miles

  • West Garage

    2.22 miles

  • South Parking Garage

    2.26 miles

  • Long Term Parking

    2.98 miles

  • Short Term Parking

    3.09 miles

  • Rental Car Parking

    3.11 miles

  • La Brisa Tacos y Mariscos

    0.31 miles

  • Dunkin'

    0.76 miles

  • MADE Restaurant

    0.97 miles

  • Papa John's

    1.15 miles

  • Pho Cali

    1.25 miles

  • Lila

    1.25 miles

  • Krispy Krunchy Chicken

    1.26 miles

  • Pizza Hut

    1.28 miles

  • Brick’s Smoked Meats

    1.32 miles

  • Wink Wink Modern Lounge

    1.33 miles

  • Asian grocery

    0.40 miles

  • Whole Foods Market

    1.26 miles

  • Publix

    1.26 miles

  • Key Food

    1.40 miles

  • Publix

    1.49 miles

  • Publix

    1.71 miles

  • Big Lots

    1.72 miles

  • Bealls

    1.72 miles

  • Walmart Neighborhood Market

    1.94 miles

  • Detwiler's Farm Market

    2.90 miles

  • Sarasota Police Department Substation

    0.72 miles

  • Walgreens

    0.79 miles

  • Sarasota Police Department Substation

    0.87 miles

  • Sarasota County Sheriff's Office Warrants and North County Jail

    0.94 miles

  • Sarasota County Sheriff's Office

    0.99 miles

  • CVS Pharmacy

    1.03 miles

  • Sarasota Police Department Substation

    1.12 miles

  • Sarasota County Fire Department Station 1

    1.20 miles

  • Walgreens

    1.27 miles

  • Sarasota County Fire Department Station 4

    1.77 miles

Frequently Asked Questions

What is the lease rate for Sarasota Industrial Investment?

Rental asking rate at Sarasota Industrial Investment is $1,400,000.00/YR.

What is the total square footage of Sarasota Industrial Investment?

Sarasota Industrial Investment totals 16,389 square feet.

When was this property built?

Sarasota Industrial Investment was built in 1992.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

David Kinnard

KW Commercial | Sarasota/Siesta Key

(813) 417-2586